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Originally Posted by importford Very nice indeed, |
Thanks but overall it isnt that nice! The FSLR profit was cool but the actual portfolio is down about 100,000 USD, however any strong rally will see that defecit reversed quite quickly due to the size of the positions.
With FSLR, Im looking for a re-entry point at about 70$, this should happen in the next few weeks.
With regard the wider market, the US has officialy been in recession 1 year. The market looks forward 6 months and it tends to rebound 5 months before the economy does. Ive got a feeling that all means that sometime during the next 6 months the market will bottom and springtime/summertime should bring the rebound we are all waiting for. Thats my best guess as to how this mess might play out.
I could be totally wrong though
If you have any tips or recommendations, do post them on here and they can be added to the portfolio.